Industry News
Personnel File – No. 407
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Boston Still Has a Lot Fewer Sellers than Buyers
Elsewhere in America, homeowners may have to wait before a buyer comes along. But not in Greater Boston.
Haverhill Bank Promotes New President
Haverhill Bank has a new second-in-command: Gregory J. Shaw, reporting to Chairman and CEO Thomas L. Mortimer.
Expert: Economic Downturn Could Trump Impacts of GOP Funding Cuts
Massachusetts could face billions in lost federal revenue and heightened economic risk under the second Trump administration, a budget expert warned lawmakers Thursday, but he emphasized that a broad economic downturn could deal the hardest blow.
As Sales Flatten, Homeownership Loses Luster for Some
This spring has seen more homes hit the market in Massachusetts than in several years, but high costs still seem to be dampening buyer demand. Could buyer fatigue be part of the reason?
The Number of Million-Dollar Towns Has Tripled in Five Years
It’s one of the Boston area’s most expensive yet fastest-growing clubs, and it’ll cost you seven figures to join. Fortunately, you can spread your payments over 30 years.
Filling in the Missing Retail Pieces
Under Dan Zelson, Charter Realty is mapping out growth strategies in Greater Boston retail real estate. It recently lured away top executives from WS Development and Avison Young as it expands its brokerage and development activity.
The Time America Built Beautiful Homes for 100K People to Deal with a Housing Crisis
During World War I, the US government designed and constructed entire communities for workers and their families, revealing what government-led planning can achieve.
Hot Property: Toussaint Louverture Cultural Center
Boston’s first Haitian cultural center will host author talks, classes on Haitian art and painting, an art gallery and cultural library including print and digital materials.
Trade War Truce Likely No Help for Homebuilders
The U.S. and China may have reached an agreement to temporarily reduce the punishing tariffs on vital homebuilding supplies like washing machines, but builders say it’s not likely to relieve their trade-war anxieties.
Lots of Competition for Homes, Despite Listing Build-Up
Homebuyers in New England will have to deal with some of the most competitive markets in the country, according to a new report from Zillow.
The Gossip Report: May 30, 2025
The third home in this week’s Gossip Report is a mix of historic and restored architecture with contemporary touches.
New Boston Zoning Pitches 700-Foot Heights in Financial District
Boston planning officials are out with yet another downtown rezoning proposal that, they say, balances historic preservation with the need to encourage more big housing projects.
Feds Charge Five with Faking Inspections After Tip-Off from MBTA
Federal prosecutors say four ex-MBTA workers and one current one falsified traffic inspection reports while also using MBTA property to work on private vehicles. Police arrested Brian Pfaffinger, Ronald Gamble, Jensen Vatel, Nathalie Mendes sand Andy Vicente Thursday....
What Happens to Trump’s Tariffs Now That a Court Has Knocked Them Down?
A federal court blocked the president’s audacious plan to impose massive taxes on imports, but it may not be the end of the story.
Mass. Momentum Fund Adds 170 Units in Allston
A second housing developer has secured a financing commitment from the state’s new Momentum Fund: Eden Properties.
Aquarium Gets Exemption from Boston Emissions Deadline
The New England Aquarium became the first property in Boston to receive a higher emissions limit in complying with a new building emissions ordinance, after executives described the energy-hungry requirements of its Central Wharf facility and potential decarbonization costs.
Healey Pulls Red Tape Off Regulatory Codes
Massachusetts banks are just some of the firms benefiting from the Healey administration’s new cuts to business regulations announced Wednesday.
Chase’s New Cambridge Wealth-Management Office Part of Multi-State Drive
Chase is expanding its affluent banking offering by opening 14 new J.P. Morgan “financial center” offices across four states, including a new location in Cambridge.
Equipment Supplier Inks HQ Lease at Starwood-Owned Property
A construction equipment supplier established a new headquarters at a Methuen property after signing a multi-year full building lease for nearly 71,000 square feet.
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